Sale of home that was used as a rental property but sellers meet the 2 of 5 year exclusion

[walkertax]

When i enter the sale of a home I'm not getting the $500,000 (MFJ) exclusion and it's showing a capital gains tax. here are the details:

Home acquired: 1/6/16

Home sold: 08/15/24

Rented from 6/23 to 8/24 but otherwise it was the sellers' primary residence.  

shouldn't proconnect take all the prior numbers (depreciation etc) and calculate that and the $500,00 exclusion?  

Any help is much appreciated - it's driving me crazy!

Janet

[sjrcpa]

Gain to the extent of depreciation taken is taxable.

[walkertax]

very helpful - thank you! 

[Accountant-Man]

Owned residence 103 months, rented 14 months, 13.59% of the gain possibly taxable PLUS the depreciation recapture.

[George4Tacks]

Hopefully this article gets you where you need to be:

https://accountants.intuit.com/support/en-us/help-article/form-8949/reporting-sale-home-used-rental-...